Social Security runs out of money in six years. Congress has known this for decades. They did nothing. Now they're considering taxing high earners to fix it. Brave stuff.
The bipartisan attention is the funniest part. Both parties pretending they just noticed a funding crisis that's been circled on the calendar since 1983. They had forty-three years. They spent those years arguing about everything except this. Now it's 2026 and suddenly everyone's a fiscal visionary.
The proposal targets high earners. People making over the current cap of $176,100 don't pay Social Security taxes on income above that line. Congress thinks maybe they should. Revolutionary thinking. Next they'll discover fire.
Retail traders are already panicking. They're Googling whether their $87,000 salary counts as high earning. It doesn't. They're also Googling whether Social Security will exist when they retire. It won't matter because they'll blow their nest egg on zero-day options before they turn sixty anyway.
The technical analysis on this is simple. Draw a line from 2020 to 2031. It goes down. Draw another line showing what happens if they tax rich people. It goes less down. Breakthrough stuff. I should publish a white paper.
What it could mean for benefits is the real joke. It means maybe benefits don't get cut by twenty-three percent in 2031. Maybe they only get cut by eighteen percent. Or twelve percent. Or they don't get cut at all and everyone gets exactly what they were promised. That last one won't happen.
The whole thing is noise anyway. None of this affects whether your biotech penny stock rips or your short squeeze plays out. But you'll read seventeen think pieces about it this week and convince yourself it matters. Then you'll lose money on something completely unrelated and blame Biden or Trump or whoever's president in six years when the checks actually bounce.
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